IFC invierte US$140 millones en Consorcio Financiero

06 de junio de 2016, por Lulu Rumsey - LATIN LAWYER

Becker, Glynn, Muffly, Chassin & Hosinski LLP in New York and Chilean firm Carey have advised the International Finance Corporation on its US$140 million equity investment in Chilean financial institution Consorcio Financiero.

Consorcio Financiero hired Claro & Cía for the deal, which was signed on 26 May.

The deal gives the IFC, which is the investment arm of the World Bank, an 8.3 per cent stake in Consorcio Financiero. The capital injection will be split between Consorcio Financiero’s banking and insurance arms.

Both Carey and Becker Glynn have been behind other lending initiatives in Chile by the IFC. In December they helped the investor grant a US$200 million loan to Banco Itaú’s Chilean branch.